The three trades on YM on the 28th Feb 2023 - [PART 3] - LONGIn this last video I explain the long that you could have taken today on YM.
YM1! trade ideas
The second short of YM on the 28th Feb 2023 [PART 2]In this video I describe how and why you could short YM today on the 28th Feb 2023.
The Three ICT Trades on YM on the 28th Feb 2023 [PART 1]CBOT_MINI:YM1!
In this video I explain exactly how you would trade one of the three trades that you could have traded today on YM using ICT concepts taught in his Mentorship 2022 and Mentorship 2033.
I am by no means an expert or even a long term profitable trader. I am quite a bit of a gambler but I am working and studying ICT full time. It works and it helped me pass challenges, etc, etc. I am not here to try to convince you, but to share my analysis and also improve my own understanding of it.
THIS IS PART 1. THE LONDON LONG. THERE IS ALSO A NY OPEN SHORT and NY REVERSAL TRADES!
Dow Jones Action Areas For The Week AheadIn this update we review the recent price action in the emini DowJones futures contract and identify potential action areas and price objectives for the trading weeke ahead
DJIA: 26 Feb, 2023#DJIA #ShaneElliottWave #Shaneliot
DJIA || Elliott main wave count || 26 Feb, 2023 (UTC+7)
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Elliott Wave Analysis by: Shane Elliott Wave (Shaneliot)
Hello traders,
That's my wave count for: DJIA
Timeframe Analysis: 1D
Expect Main Elliott Mode: Motive
Expect Main Structure: Impulse
Position: Third Wave with Impulse (Light pink- Minute degree)
The Dow - Despite All Your Rage, You Still Just a Bear in a CageThe prevailing narrative in these markets is still that you're in a bear market. Some stocks are in a bear market, specifically the tech junk that retail likes to lose money on, but the indexes are not in a bear market and have not been in a bear market.
But it's not that the fundamentals behind the world economy are not bearish. Trouble is brewing, and the trouble is big.
Yet, something should trigger your nose when fundamental danger like we have at present has emerged and yet the markets a) don't dump and b) stay high for a long time.
Contrary to how things usually are, the Dow is by far the most bullish of the three indexes. I'm calling for a new all time high on the Dow on the next bull impulse. And while you may, perhaps justifiably, guffaw at these moonboy-sounding words, just take a look for yourself:
Monthly
From a monthly view, based on the February high, the Dow is less than 7 percent away from its bull market highs and a run to 1/2 standard deviation higher is just 12 percent away. And February wasn't the highest month Dow posted since it bounced 23% in a straight line, crushing every other index by a mile during our "bear market."
December was higher.
Geopolitical Risks
As I warn in every post, the situation in China is really a lot more dire than you're being told. The Chinese Communist Party would have the world believe that Wuhan Pneumonia all but totally went away after Xi Jinping finally dropped his "Zero COVID" LARP and stopped welding people in their apartment buildings and making people take daily nucleic acid swabs in the park if they want to have access to public transit go to work the next day under the Party's social credit system.
But nothing could be further from the truth. Just go use a data aggregator like Our World in Data and compare cumulative case counts and death counts reported by China and any other major country in the world and ask yourself how the epicenter of the pandemic, the place where Patient Zero emerged, and the world's (formerly) largest country, could have an exponent less worth of COVID problems than even the countries who emulated the Communist Party's Zero COVID social credit system like Australia and New Zealand.
My point with the above is to say that the CCP is weak and is about to fall. But at the same time there is a faction of globalists in this world who want to install a one world government.
Think about it carefully, everyone: Can you have a "one world government" without the world's largest and most ancient country - China? Thus, if the one world government was to be installed while the CCP was still around, would it work? It would only work if they made the CCP the center of the New World Order. But why would they do that? Don't the globalists want to be the center of the NWO, the Kings of the World, the "New Gods"?
Thus, it's a quandary. And so as the CCP falls, it's very likely that the globalist factions will move to install the NWO and every single thing in our life will change.
What I want to point out to you all is this:
What is the actual problem with Communism? Is it a bunch of glasses wearing atheists with beards running around doing the Marxist cuckold fist and carrying the Flag of Blood while screaming "Viva la Revolution"?
The fundamental nature of communism and the ultimate goal of communism is to create a two class system.
One class will be the Party, specifically its elites, who rule. They eat the beef and drive the V8 S550s and live in the mansions and have air conditioning and go to the lake and the mountains.
The second class will be everyone else, which includes you, who will live in the pod, eat the bugs, live in the open air prison "15-minute cities," take the bus, ride the bike, rent the Nissan Leaf, and experience "beauty" and "nature" only on Zuckerberg's Metaverse.
It's as simple as that. You decide what kind of future you want. If you want to live like a human being, then show you're still "humane" and get rid of the Party and all its Marxist Leninist garbage, cultivate virtue, and take care of your family and your country.
The Call
The weekly bars show you a lot:
Namely, we've had three weeks of pinbars. Volatility has contracted and this pattern pretty much always predicates a big move. So, what direction is the big move coming?
If the ATH is only 7% away, then it seems to me that's a pretty likely target. But after three weeks of ranging in a 1,000 point range and this being the 15th week of sideways since the huge move, how many institutions and funds have gone long with stops below the most recent pivot?
A lot. If you were the market maker, wouldn't it make sense to liquidate them before running 12% higher and setting a new all time high? It would. It certainly would.
And the price action is set up just like this. The December low is the most recent weekly pivot and is a meager 1,200 points (4%~) under where we are, during a short week, that ends the month of February.
Moreover, there's a big liquidity gap between 30,000 and 32,000 that has never been touched since the post-October monster bounce.
The bearish impulse is over, but you're about to get a bear trap. The people who keep listening to Discord signal groups and charlatan furus, the mainstream media, Zerohedge, FinTwitt, all think it's time for us to trade to zero because FEDERAL RESERVE RATE HIKES and, like... more or less just because the Federal Reserve isn't done hiking the rates yet.
So, look to get long in the 30,000 range on the Dow, with a target over the ATH. 20% on the DIA ETF, which does not have Zero Day to Expiry options and whose options have lower implied volatility than SPY and QQQ, will serve you very well over the next two or three months.
Most importantly, don't take my word for anything. Not the call, not China, not anything. What you need to do is just think about it. Calm down. Be cold. Be sober. And really, really think about what's going on in this world, and decide for yourself what to do.
Until next time, stay safe. Earth and humans were not created to live as slaves to the Red Cult. They were created by the Divine, and it's as simple as that.
YM1! US30USD DOW 2023 FEB 27
YM1! US30USD DOW 2023 FEB 27
No trades for Dow last week.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789
2) Supply takes control = short on test and reject of 32789
Volume Analysis:
Weekly: Lower vol down bar close toward low = minor supply
Daily: Ave vol down bar close toward low = minor supply
H4: UHV vol up bar + level close up bar close toward low = supply > demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34605
32789 30513 28635
Remember to like and follow if you find this useful.
Have a profitable week ahead.
DOW JONES wave Y in progress
we are going to follow how price going to react at the critical support of wave W if price could bounce from that level it could be ended a of wave Y then we will follow wave b of Y
DJIA Is Hunting Support at 31000-32000 AreaDJIA going down for C wave. So the correction is not done yet it seems. I think that commodity currencies can make deeper pullbacks then; AUD, NZD will be my favorite ones for longs (longer-term) when this correction on DJIA unfolds.
Bearish Weekly Sentiment for DOWAfter range bound weeks of trading and a news heavy week from Wed-Thu, I'm expecting a rise in price to meet and Orderblock/ Break Block, FVG, and OTE confluence before selling off towards weekly low targets. High of the week can typically be expected around Tues-Wed so I'll be looking for bullish setups to start the week and increased volatility to take us to the order block before a sharp or explosive sell off from Core PCE and such. Curious to what setups or ideas you guys have. First time publicly marking up. I'm very fond of liquidity found from Friday's price action that left a magnitude of trend line liquidity and unprotected lows in the market. I would like to see Sunday open down and Tuesday start the movement higher. CBOT_MINI:YM1!
YM1! US30USD DOW 2023 FEB 20
YM1! US30USD DOW 2023 FEB 20
Finally we see some movement from Dow.
34605-34432 rotational play based on 06 Feb's analysis garnered.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789.
Note: 34605-34432: If market trades toward the upper boundary =
possibility of breakout
2) Rotational breakout/breakdown:
- If price breakout, long when price retraces and finds support
Volume Analysis:
Weekly: Ave vol down bar close below middle = minor supply
Daily: Ave vol up bar, demand overcoming supply = demand
H4: Ave vol up bar close toward high = minor demand
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34432-34605
33624 33037- 32789
Remember to like and follow if you find this useful.
Have a profitable week ahead.
ym willl riseAs you can see here I recommend buying ym.
place the srop loss and take profit as shown in the chart.
US30 Short-Term Bullish AnalysisClick on Boost (like) to support these free analyses
This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.
Calling everysingle pivot, but where is going right now? no ideano single clue
no idea
anything
up
or
down
that's it
maybe up
but how much?
a few tick?
new high?
but we have liquidity down below
so whattttt
$PIVOTS $$$$$$$$$$$$$$$
Dow Jones, US30, YM trade idea after CPI I see high confluence between a lot of my charts, taking this trade with 1% risk and trying to go for a 1=4 RR. Let's see how it goes,
Dow 30 - Potential Upward MovementDow 30 EMA about to cross HA Trend Follow updwards. Exit at upper BB
US30 TRADE IDEAWE were expecting price to react to our key levels 33800 if we hold this level 34200 is possible or else, we can see downfall towards our key level 33580.
dow jones us 30 long setupit seems dow is the strongest today
therefore the value rotaion might be a better play in dow.
Dow, for the ones who do not believe in diagonal lines. Simple horizontal lines.
Simple diagonal lines.
Both work, deal with it.
YM1! US30USD DOW 2023 FEB 06
YM1! US30USD DOW 2023 FEB 06
No trades taken for Dow last week as price stayed away from the
boundary of the rotation zone. We now have a rotation within
a rotation zone 34432-33624 :)
This is about 800pt range.
A modest upward trendline has formed, but but but demand is
is showing effort no result.
The 800pt range, although attractive, will unlikely be easy to trade.
Possible scenarios:
1) Rotational play: Trades can be executed at boundary of rotation
range 34605 / 32789.
- 34605-34432: Consideration - will market trace Nasdaq & SnP
for a breakout?
- Short if rejected at 34605-34432
2) Rotational breakout/breakdown:
- If price breakout, long when price retraces and finds support
Volume Analysis:
Weekly: Ave vol down bar close in middle = indecisive
Daily: Higher vol down bar close of low = some demand
H4: Ultra hi vol level bar, S>D = Supply coming in
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35750 35228 34432-34605
33624 33037- 32789
Remember to like and follow if you find this useful.
Have a profitable week ahead.
